BOOK 23_1950-05-15 to 1952-04-21

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04 "` tied benefit C, ' E. does not face Marshall. The propertyor anysuch figure. 64 and 95 are only 25 feet deeP and by the street improvement is not 75% plan There are some very obvious errors in valuations for land acquisition between used for Taxain and Particulhey between Main and Walnut the valuations do not even meet the "Assessed n Purposes The I had and 95 (4/5!.s of which is to be acquired) were valued n property in assessment numbers 62, 63, 64, 93, 94 Incidentally this same Estate tax valuation placed for 1 of Estate:Tax purposes at $18,750.00 only last year. a.value #by,ybO.UO upon the large lot between iNalnut and Maple --but the proposed assessments are x$91,857.181 �I that CONCLUSIONS While pointing out items of error and items that should be deferred or eliminated, we wisht s: point out that we do not concur in the opinion that these improvements ares as a whole, justified. Froohis investment standpoint it does not appear that any forseeable development will occur within the bonding pori that will aid or permit repayment of the cost of the improvement. Our property in particular, has no sub. I I tai, MALL01 ..4.4.4-i ;, mo „lith which to oav taxes, let alone assessments. It is our thought that if the project is deferred the property between Walnut and Maple could be developed as a drive—in Theatre for a limited period of 10 to 15 years with the understanding that at the end of the period that Marshall Street might then be ready to be put through the area. Such a development would not place any structures on the right of wqy that might later have to be removed. If bn'the other hand the project is to be doen at this time we trust that the adjustments recommended herein be made and thus cut—down the burden proposed to be placed upon our property. The adjoining property owners on Marshall between Main and Maple have not initiated this improvement and are not asking that it be done, The cost far exceeds any present or future returns and the"benefitil, if any is for through traffic. THE "GENOCHIO ESTATE" Edward P. Genoehio Mrs. H. B. Dixon Richard Pescaro Francis A. Guido Francis A.,Guido 235 Third Avenue San Mateo, Calif. DIamond 3-3843 Mrs. H. B. Dixon 2630 Fulton Street San Francisco, Calif, SKyline 1-2414 Mayor Britschgi stated that the Committee had done an excellent job, had been very cooperative and had worked very hard to come to some, solution of the problems. Councilman Morgan asked Mr.. Guido if he would allow the street to cross the Genochio property in the event the project was postponed and was advised by the City Engio- eer that a street plan had been adopted by the Planning Commission and the Council last July which would take care of the situation. Col. Weiss spoke briefly on the subject as an interested citizen suggesting that drainage covered by Item 2 of the Committee Report should be paid for by the district drained, and voicing his opposition to method of payment of water mains as proposed in Item 6. He also stated his opinion that Marshall Street should not be widened to 801 unless it became an arterial street, but if not, should be held at a 60+ width. Attorney, Wilson spoke at length on the subject, stating that it was not within his province to design the project but only to advise the Council, provide ways and means to finance. He stated that in his opinion many things could be eliminAted, that other items could be covered by the suggested amendment to Ordinance No. 333• The Council had the power to overrule the Committee or accept the report in full, and stated his readiness to proceed whenever an agreement is reached. BIDS — REQUEST FOR EXTENSION. Councilman Royer moved, seconded by Councilman Morgan that an extension of 30 days; be requested for the successful bidder, Motion carried. ATTORNEY.WAGSTAFF again addressed the Council requesting that the Committee again be given a chance to go over vest; the figures should the Council reach a decision. He again stated his belief that the incidental costs shou" CMIOILMA be broken dorm and that if and when a decision was reached, a reassessment should be made spreading the costs i Strep and each porperty owner advised of the costs before any final action is taken. & E: COUNCIL WILL MEET FRIDAY SEPTEMBER 29th at 7:30 P.M. with engineers and Mr. Wilson to study the committee press port. Councilmal Hearing of all matters pertaining to BROADWAY—MARSILU continued to October 2nd, 1950 meeting, on motion of Councilman Morgan, seconded by Councilman Spillers and carried. Councilman Jones suggested further study {' the 1 Mall rio mit F% DEPA adeq 009 PERSONNEL stat STATE SUR Scho to i PROPOSED OakI comm FROST AND appri drai COLORS - I stanl and j dire) CONCILIX leav, accoi EAGLE HILI Clarl of the proposed amendment to Ord. 333 at the Friday study meeting. Attorney Wilson stated his belief plans and specifications could be changed by red penciling changes and dl